Backed by business assets. Competitive rates from a direct lender.
Secured business lending designed for UK SMEs:
Asset-backed lending
Competitive rates
Higher borrowing limits
Transparent terms
SimplyFunded offers secured business loans for UK SMEs. Use your business assets to access funding with competitive rates and flexible terms.
Apply in 60 SecondsA secured business loan is financing that is backed by an asset you own. By offering collateral such as property, equipment, or vehicles, you reduce the risk for the lender, which typically results in lower interest rates and access to larger loan amounts.
Because the loan is secured against an asset, lenders are more willing to offer favourable terms. This makes secured business loans a good option for established businesses that own assets and need significant capital for expansion, equipment purchases, or other large investments.
Secured business loans UK are regulated by the FCA. It is important to understand that if you fail to repay, the lender can repossess the asset used as security.
The following assets are commonly accepted as collateral:
The asset must have sufficient value to cover the loan. Lenders typically require a professional valuation and may lend up to a percentage of the asset value, known as the loan-to-value ratio.
A secured business loan is a type of finance that requires you to pledge an asset as collateral, such as property, equipment, vehicles, or machinery. Because the lender has security against the loan, secured business loans typically offer lower interest rates and higher borrowing limits than unsecured alternatives. If you cannot repay, the lender may seize the asset to recover the debt.
Speak with our team about using your business assets to access competitive funding.
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